Business

V-Tech launches in Sri Lanka

Views - 35 Monday, 2 September 2019 01:13

The first flagship store of V-tech Engineering Ltd., suppliers of high quality, industrial strength adhesive, sealant and waterproofing products was opened on 21 August by High Commissioner of Malaysia in Sri Lanka Tan Yang Thai, at No. 24 Messenger


‘China – South and Southeast Asia Business Leaders Summit’ in Chengdu

Views - 109 Monday, 2 September 2019 01:11

‘China (Sichuan) – South & Southeast Asia Business Leaders Summit’ will be held in Chengdu, Sichuan Province on 17-20 September. This summit is endorsed by the China Council for the Promotion of International Trade, Sichuan Provincial People’


Sadaharitha celebrates excellence and innovation at Annual Awards Night 2018/19

Views - 36 Saturday, 31 August 2019 00:10

Renowned as a truly Sri Lankan company which provides exceptional green investment opportunities with remarkable returns, Sadaharitha Plantations Ltd. held its Annual Awards Night 2018/19 recently. The Sadaharitha Awards Night 2018/19, held under th


ComBank promotes innovative computer coding at President’s College Kotte

Views - 22 Saturday, 31 August 2019 00:10

The Commercial Bank of Ceylon recently recognised five groups of students from President’s College, Kotte, who created coded, real-world applications in miniature form, after following a foundation course in computer programming supported by the Ba


EDB holds buyer linkup program for handicrafts under One Village One Product concept in Kandy

Views - 32 Saturday, 31 August 2019 00:10

With the guidance of Regional Development Division of Sri Lanka Export Development Board (SLEDB), the Central Provincial Office of the SLEDB organised and conducted two training and buyer link up programs for handicrafts under the One Village One Pro


People’s Bank Officers’ Association rewards members’ children who achieved academic excellence 

Views - 18 Saturday, 31 August 2019 00:10

People’s Bank Officers’ Association recently held its ‘Abhinandana Pranama 2019’ – Scholarships Awards Ceremony at the People’s Bank Staff Training College. Organised for the 19th consecutive year, the award ceremony recognises and apprec


Prima KottuMee ‘Hot N Spicy Kricket’ promotion concludes on high note

Views - 24 Saturday, 31 August 2019 00:05

Prima KottuMee recently concluded the ‘Hot N Spicy Kricket’ promotion for the year 2019. This year, the promotion was in play for not one, but two whole months in order to award the brand’s loyal customers. Beginning on 1 June and ending on 31


Hayleys targets lucrative bedding materials market with completion of foam mattress facility

Views - 353 Friday, 30 August 2019 00:00

Sri Lanka’s most diversified conglomerate Hayleys PLC announced the commissioning of its first Polyurethane (PU) Foam Mattress manufacturing facility as part of a continuing effort to capture a larger share of domestic, and potentially export busin


CCC Economic Summit to focus on ‘Building a Resilient Economy’

Views - 61 Friday, 30 August 2019 00:00

The progression of Sri Lanka’s economic development has faced abrupt interruptions in the past. Natural calamities, power crises, security threats, and numerous other shocks have all contributed to this. The response has been insufficient and resul


Dr. Arosha appointed Chairman and MD of Lakma Holdings 

Views - 278 Friday, 30 August 2019 00:00

Renowned scholar and a leading business personality Dr. Arosha Fernando has been appointed Chairman and the Managing Director of Lakma Holdings Ltd., a premium manufacturer and supplier of an extensive, quality range of specialty food products includ


International award winner Maliban Biscuits honoured at National Quality Awards

Views - 48 Thursday, 29 August 2019 01:08

Having won the World-Class Award for two years in a row at the Global Performance Excellence Awards, the pioneer in biscuit manufacturing Maliban Biscuit Manufactories Ltd. was recently honoured at the National Quality Awards by the Sri Lanka Standar


National Savings Bank and People’s Bank join as Gold Sponsors

Views - 92 Thursday, 29 August 2019 01:07

National Savings Bank and People’s Bank joined hands with CMA – Sri Lanka as Gold Sponsors for CMA National Management Accounting Conference 2019 and Commonwealth Accountants Conference 2019 which will be on 9 and 10 September at Taj Samudra, Col


Sri Lanka and Venezuela agree to forge closer bilateral ties

Views - 45 Thursday, 29 August 2019 00:58

As part of an Asian tour undertaken to promote closer cooperation between the Bolivarian Republic of Venezuela and Asian countries, Venezuelan Vice Minister of Foreign Affairs for Asia, Middle East and OceaniaRuben Dario Molina visited Sri Lanka from


Lewis Allen arrives for FACETS 2019

Views - 58 Thursday, 29 August 2019 00:57

Known as one of the biggest buyers of Ceylonese Sapphire, Lewis Allen is now in Sri Lanka to attend FACETS 2019, the international gem and jewellery exhibition that will commence on 29 August at the BMICH. Having begun his gem trading business about


Hotline to report alcohol smuggling

Views - 31 Thursday, 29 August 2019 00:57

A hotline established by the Excise Department under the Finance Ministry to catch alcohol smugglers has been flooded with calls, resulting in 473 complaints since its launch. Therefore, the Finance Ministry yesterday called on the public to remain


EDB conducts ‘Design and Product Development Program’ for value-added batik products

Views - 126 Thursday, 29 August 2019 00:00

The Central Provincial Office of the Sri Lanka Export Development Board (SLEDB) organised and conducted a ‘Design and Product Development Programme’ under the guidance of the Regional Development Division of SLEDB for value added batik. The prog


FCCISL attends AGMs of regional members

Views - 84 Wednesday, 28 August 2019 00:00

FCCISL, the apex body of the Chamber movement in the country, recently graced the Annual General Meetings of the Matale District Chamber of Commerce, Industry and Agriculture (MDCCIG) and Chamber of Commerce Industry of Uva (CCCIU) respectively. FCC


Munchee showcases supremacy by winning National Quality Award once again

Views - 47 Wednesday, 28 August 2019 00:00

Continuing its impeccable track record, Munchee, the flagship brand of Ceylon Biscuits Ltd. (CBL), showcased its supremacy once again by winning the National Quality Award (NQA) under the large category for the third time. Organised and implemented b


Jiffy Products Sri Lanka shines at Sri Lanka National Quality Awards 2017/2018

Views - 338 Wednesday, 28 August 2019 00:00

Jiffy Products Sri Lanka was crowned ‘Winner’ in the Manufacturing (Large) Category at the prestigious Sri Lanka National Quality Awards 2017/2018 held recently. Organised by the Sri Lanka Standard Institution (SLSI), the award is bestowed on com


Colombo YPO Members meet MCC Resident Country Director

Views - 134 Wednesday, 28 August 2019 00:00

A team of Colombo YPO members led by Chapter President Pesala Karunaratna met Millennium Challenge Corporation (MCC) Country Director Jenner Edelman recently for a discussion about creating awareness for the grant program and how to overcome percepti


When in jeopardy, go back to the basics and win

Views - 143 Wednesday, 28 August 2019 00:00

Stax, Sri Lanka’s leading management consulting firm, shares insights on how organisations could learn valuable viewpoints from ‘Jeopardy!’, a renowned US game featuring quiz competitions which prize its winners with monetary rewards. Aiming to


Kenyan Trade Minister visits Munchee Factory

Views - 61 Tuesday, 27 August 2019 00:20

Kenya’s Minister of Trade, Industry, Investment, and Cooperatives Peter Munya while in Sri Lanka visited the Munchee Factory at Makumbura on Thursday. During the visit, he held cordial discussions with the Chairman and top management of Ceylon Bis


National Chamber leads delegation to Bangladesh in Sept.

Views - 46 Tuesday, 27 August 2019 00:19

The National Chamber of Commerce of Sri Lanka together with the Sri Lanka Bangladesh Business Co-operation Council and the Sri Lanka High Commission in Bangladesh is making arrangements for a visit of a Sri Lanka business delegation to Dhaka and Chit


Delegation from Sri Lanka-Singapore Business Council visits Singapore

Views - 226 Tuesday, 27 August 2019 00:17

Searching for opportunities to bolster trade and investment ties, a delegation from the Sri Lanka-Singapore Business Council of the Ceylon Chamber of Commerce, was in Singapore from 21 to 23 August. The visit was a result of a coordinated effort by


CIOB to discuss construction industry crisis today

Views - 74 Tuesday, 27 August 2019 00:14

The Discussion Forum ‘Way Forward for the Construction Industry Crisis in Sri Lanka’ organised by Ceylon Institute of Builders (CIOB) will be held today at the Organisation of Professional Associations of Sri Lanka (OPA)Auditorium. Chamber of Con


Binod Chaudhary wins Outstanding Leader – SAARC

Views - 39 Tuesday, 27 August 2019 00:00

Chairman of CG Corp Global and strong investor in the Sri Lankan hospitality sector Dr. Binod Chaudhary was named the Outstanding Leader – SAARC at the CEO Awards 2019 held in Mumbai recently. The prestigious annual awards organised by CEO India m


SL Economic Summit to tackle SOE reforms

Views - 49 Monday, 26 August 2019 01:14

State-owned enterprises (SOEs) have been debated for many years now. Discussions around it have covered improving profitability, service and governance while examining the root causes for the continued losses incurred by SOEs. Some of the solutions


Hayleys ups Fentons stake by 24.5% to 99.5%; unveils new logo

Views - 1066 Monday, 26 August 2019 01:13

Leading integrated engineering solutions specialist Fentons Ltd. has announced that it had re-branded as ‘Hayleys Fentons.’ The move is following the Hayleys acquisition of a further 24.5% of the company’s issued share capital in of the company


SAARC Development Fund Board approves two projects in Member States

Views - 47 Monday, 26 August 2019 01:12

The SAARC Development Fund (SDF) held it 31st Board Meeting in Colombo recently, taking decisions on key issues to further promote regional integration and economic cooperation among its eight Member States. Two projects – ‘Consortium for scalin


Entrepreneur Awards 2019 Western Province in October

Views - 45 Monday, 26 August 2019 01:11

The National Chamber of Commerce of Sri Lanka has joined hands again with the National Enterprise Development Authority (NEDA) for the fourth year in succession to conduct the Entrepreneur Awards 2019 – Western Province for the micro, small, medium


Today's Columnists

Industry 4.0, disruptive technology and MAS Matrix: An example for way forward in Sri Lanka

Monday, 16 September 2019

Technology has always been disruptive. When a new technology is introduced, it changes the way the humankind lives, behaves, earns, interacts and communicates. Some 10,000 years ago, when agriculture and animal breeding were domesticated through the


Radically reinvented reality: Relevance to Sri Lanka

Monday, 16 September 2019

I am delighted to be involved in the National HR Conference 2019, the largest HR event in South Asia. This time it is on the theme ‘Radically Reinvented Reality’. We need to take another look at the way we act institutionally and nationally, in u


Boeing in MAX-imum trouble

Monday, 16 September 2019

Boeing, America’s mighty aircraft manufacturer, is in deep trouble. The controversy surrounding the best-selling 737 MAX has refused to go away. The Federal Aviation Administration, the US aviation regulator, has spent over 110,000 hours addressing


Gotabaya Rajapaksa at Viyathmaga: Vision with an authoritarian zeal!

Monday, 16 September 2019

Gotabaya Rajapaksa has unveiled his national strategy or vision as a presidential candidate with an authoritarian zeal. This is clear from his Viyathmaga speech. He should be commended however for his fairly clear expression of views and objectives.


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